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Author Topic: USD or BTC as reference?  (Read 474 times)
Tike Myson (OP)
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October 22, 2017, 08:31:40 AM
 #1

Hey guys, what is more important for you when trading?

Is you goal to have the more BTC possible or the more in USD value?

For me USD still remain the real reference, i say this because of everybody saying that alts are bleeding etc, but this is when compared to the value of BTC.
Some alts are red in BTC but didn't lose value in USD (or even gained)

I take in consideration both for chart analysis etc, but my goal is to have as much USD possible.

What about you? thanks.
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October 22, 2017, 08:42:30 AM
 #2

for me the dollar reference is more important too becuase at the and of the day i want to know what i could buy with my coins and then it comes to dollars.

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October 22, 2017, 08:46:23 AM
 #3

IF you believe in crypto it would be the BTC ratio.  us$ is just paper and gone in the near future.
Tike Myson (OP)
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October 22, 2017, 09:51:35 AM
 #4

for me the dollar reference is more important too becuase at the and of the day i want to know what i could buy with my coins and then it comes to dollars.

That's basically how i see this yes.
Tike Myson (OP)
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October 22, 2017, 09:53:38 AM
 #5

IF you believe in crypto it would be the BTC ratio.  us$ is just paper and gone in the near future.

I believe in crypto but not necessary in BTC for the long run.
We need  a currency less volatile as reference to really  get mainstream.

What do you think guys?
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October 22, 2017, 10:02:17 AM
 #6

You should consider both in most of the situations. But in general I suggest you to reference dollar prices more. Bitcoin may be really low sometimes and it can confuse you.
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October 22, 2017, 10:13:35 AM
 #7

it's all depend on the trader themself,
to be honest for me the best way to value it is by using Bitcoin,
because in a long run,Bitcoin price will be increasing unlike USD.
but for short term,i prefer to use USD because we can evaluate our profits and loses directly.
in the end it's depend on the trader themself
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October 22, 2017, 10:19:46 AM
 #8

Hey guys, what is more important for you when trading?

Is you goal to have the more BTC possible or the more in USD value?

For me USD still remain the real reference, i say this because of everybody saying that alts are bleeding etc, but this is when compared to the value of BTC.
Some alts are red in BTC but didn't lose value in USD (or even gained)

I take in consideration both for chart analysis etc, but my goal is to have as much USD possible.

What about you? thanks.
I don't care about USD because the price or valuation will be stable but i just care to get the bitcoin as much as i can because the price is really volatile and that can give the more USD for me if the price of bitcoin increase a lot in the future.

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Tike Myson (OP)
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October 22, 2017, 10:24:20 AM
 #9

it's all depend on the trader themself,
to be honest for me the best way to value it is by using Bitcoin,
because in a long run,Bitcoin price will be increasing unlike USD.
but for short term,i prefer to use USD because we can evaluate our profits and loses directly.
in the end it's depend on the trader themself

Interesting, i was considering the opposite, switching to BTC for the short term and maintain USD for the long one.

BTC price will increase, yes until it stops and decrease or even crash.
Because it can't be a "forever" rise, and  for now i don't think any crypto can sustain the same value for a long period.

My vision is BTC can be replaced fast while USD is still here for a long time.
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October 22, 2017, 10:34:34 AM
 #10

Hey guys, what is more important for you when trading?

Is you goal to have the more BTC possible or the more in USD value?

For me USD still remain the real reference, i say this because of everybody saying that alts are bleeding etc, but this is when compared to the value of BTC.
Some alts are red in BTC but didn't lose value in USD (or even gained)

I take in consideration both for chart analysis etc, but my goal is to have as much USD possible.

What about you? thanks.
Of course, everyone wants their dollars to increase. However, at present, I expect the number of BTC increases because BTC is a long-term investment; It is not as stable as USD but profitable when investing. It has more futures than USD.
This is a good time to buy altcoins. Buy altcoin when altcoin / BTC is dump as you say.

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October 22, 2017, 11:20:42 AM
 #11

Both.
I am holding my BTC & it is growing in USD.

I am having altcoins too,
They are falling both in USD & BTC Value.

I am waiting best time to have cheap altcoins even for BTC  or USD.

It is better to use both to really know where it is.
Tike Myson (OP)
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October 22, 2017, 11:27:10 AM
 #12

Thanks for you answers everyone.

Now my question is : when you don't invest into an alt or when you sell it, do you keep your money in BTC or in USDT ?
Tike Myson (OP)
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October 23, 2017, 09:09:44 AM
 #13

 Roll Eyes
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October 23, 2017, 09:19:22 AM
 #14

Hey guys, what is more important for you when trading?

Is you goal to have the more BTC possible or the more in USD value?

For me USD still remain the real reference, i say this because of everybody saying that alts are bleeding etc, but this is when compared to the value of BTC.
Some alts are red in BTC but didn't lose value in USD (or even gained)

I take in consideration both for chart analysis etc, but my goal is to have as much USD possible.

What about you? thanks.

Usually for simplicity's sake, i just keep things in bitcoin. if you are investing in altcoins then you are probably a very keen bitcoiner as well. If you keep all your portfolio value tracking in USD terms you're just never going to get the actual growth of the coin or whatnot, and you'll have to end up converting that yourself to btc terms anyways.

It's entirely up to you, though. There are no guidelines or rules.

But altcoins are traded against BTC, so doesn't really make sense to use USD.

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October 23, 2017, 09:25:55 AM
 #15

I do not care about the amount of bitcoin, people say it matters because bitcoin is valuable now but if bitcoin is $1 neither of them can claim that the amount of bitcoin matters!! always usd matters, you will exit with usd.

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October 23, 2017, 10:06:32 AM
 #16

when i was trading I used always prefer a relatively
fixed reference point. at that time Bitcoin was fluctuating
a lot which made it difficult to know if I was making gains
or not.

In this current market climate the price of bitcoin is very high
so the performance of other coins compared to Bitcoin is
misleading.

R


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October 23, 2017, 12:27:16 PM
 #17

it's all depend on the trader themself,
to be honest for me the best way to value it is by using Bitcoin,
because in a long run,Bitcoin price will be increasing unlike USD.
but for short term,i prefer to use USD because we can evaluate our profits and loses directly.
in the end it's depend on the trader themself
Of course the most important factor is the trader. The time to buy - sell, choose to buy coin, ... is extremely important.
However, trade between Alts / USD directly assesses the profit or loss of investors. Alts / BTC are too volatile but poor or rich fast.
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October 23, 2017, 01:20:08 PM
 #18

Thanks for you answers everyone.

Now my question is : when you don't invest into an alt or when you sell it, do you keep your money in BTC or in USDT ?
Only in btc, that's my opinion Wink
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October 23, 2017, 01:22:43 PM
 #19

Both.
I am holding my BTC & it is growing in USD.

I am having altcoins too,
They are falling both in USD & BTC Value.

I am waiting best time to have cheap altcoins even for BTC  or USD.

It is better to use both to really know where it is.

Good answer, smart thinking Wink
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October 23, 2017, 01:37:27 PM
 #20

The most important currency is dollar because not all internet shops have possibility paying bitcoins at this moment
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